Perodua increases market share in slow January 2016

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Yesterday, we reported that the Malaysian automotive industry has had a subdued start to the year, with lacklustre January 2016 sales figures caused by a hangover from a strong end to 2015, fuelled by aggressive discounts and promos by carmakers. Against that backdrop, Perodua has managed to increase market share.

At a Chinese New Year lunch with the media today, Perodua president and CEO Datuk Aminar Rashid Salleh revealed that the company registered around 15,500 cars in January (slightly down, year-on-year), which translates to 34.4% market share for the month, based on P2’s total industry volume (TIV) estimate of close to 46,000 units (44,591 units according to the Malaysian Automotive Association).

Last year, Perodua recorded its highest ever annual sales with 213,300 units, which is around 32% of the Malaysian market. Topping the chart in 2015 meant that the Rawang-based company has comfortably maintained its market leading position, which it has held for 10 years now. P2’s target for 2016 is 216,000, which if achieved, will be another all-time high.

Despite carving out the biggest slice of the pie, Aminar admits that it’s not a great start to the year for the car industry. It’s a “softer market,” he said, adding that effects of the very high December 2015 registrations are being felt now.

Aminar echoed MAA’s prediction that February 2016 sales will continue to be slow, due to this month being a short one with holidays in between. “March and April will be a better reflection of the year ahead,” he said.

The Perodua Axia, Malaysia’s most popular car in 2015 with 99,700 sold in its first full year on sale, continues to draw in the crowd for P2. Last month, 10,600 bookings of the Axia were collected. Perodua management says that in tough economic times, people tend to “buy down”, and P2 serves the affordable segment very well.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Bristol on Feb 23, 2016 at 5:15 pm

    Malaysian suka taufu, tak suka milo tin

    Like or Dislike: Thumb up 6 Thumb down 2
    • Same L0rrrr on Feb 24, 2016 at 12:08 am

      Told you: Malaysians want CHEAP and RELIABLE car.

      Who care about 100% local R&D, national pride, tested in Europe winter bla bla bla bullshit? No one cares!!

      Like or Dislike: Thumb up 6 Thumb down 5
      • Sam Loo on Feb 24, 2016 at 10:18 am

        Yes.. Malaysian want good reliable car plus good RV.. So, buy Toyota, Honda & Perodua better..

        Like or Dislike: Thumb up 5 Thumb down 3
      • Bristol on Feb 24, 2016 at 12:03 pm

        Obviously Malaysian like taufu lo

        Like or Dislike: Thumb up 1 Thumb down 0
  • 2016 the rate of accidents will increase another 25%

    Like or Dislike: Thumb up 5 Thumb down 9
  • Proton achieving 13% TIV in 2016 on Feb 23, 2016 at 5:42 pm

    Toyota drive train, solid build quality, and reliable, what’s that not to like for average Malaysian car buyers? Only if Perodua pit 6 airbags and ESP, it will deliver a fatal blow to… only if.

    Like or Dislike: Thumb up 9 Thumb down 11
  • Albert on Feb 23, 2016 at 6:52 pm

    Datuk A,can you organise some workshops for poor struggling Proton senior execs on how to run a automotive company? They can’t seem to grasp it after 30 years,omg.
    Please,please,please…..do it before it closes down cos of dwindling sales.Proton fanboys also will be very grateful.

    Like or Dislike: Thumb up 12 Thumb down 4
    • Beaugh on Feb 24, 2016 at 6:22 am

      Die stylo in toyota perukdua is better than saved in chaplang p1

      Like or Dislike: Thumb up 1 Thumb down 2
  • peropero on Feb 23, 2016 at 7:12 pm

    and the other carmaker still saying that they are not going to sell cheaper priced car. after 30 years, they still don’t know their own market preference. good luck this year…

    Like or Dislike: Thumb up 9 Thumb down 2
  • jobless on Feb 23, 2016 at 8:22 pm

    “Buy down” ??? Wat kinda of English is tat omg..alamak…broken English..patutla jaguh kampung

    Like or Dislike: Thumb up 5 Thumb down 1
  • Cannot compare with how our Tun speak lah

    Like or Dislike: Thumb up 3 Thumb down 0
  • nabill (Member) on Feb 23, 2016 at 11:49 pm

    I really want to just stop at one of the p2 showrooms and greet the customers walking in by SHOUTING ‘wtf u guys doing here,please THINK…THINK!!!

    Like or Dislike: Thumb up 2 Thumb down 2
    • tokmoh. on Feb 24, 2016 at 12:03 pm

      Playing Russian roulette on the road, cuz driving tin milo P2 is exactly that.

      Like or Dislike: Thumb up 1 Thumb down 0
 

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